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The FIRE Economy divides the polity into creditors and debtors but the public policy debate remains framed as rich versus poor. One goes off the fight in foreign wars, the other doesn't. One is afforded full protection under the law, the other isn't. One gets sick and receives treatment without going bankrupt, the other doesn't. One attends universities that open doors to a lifetime of power and wealth, the other doesn't. The FIRE Economy is antithetical to meritocracy. But if the inequities produced by the FIRE Economy were widely known the public policy debate might shift off its axis from liberal versus conservative, left versus right, small government versus large, and every other fabricated dichotomy that has been invented to obfuscate the strife of rent seeking interests as a contest of capitalist versus socialist principles, ironically at the expense of producers.
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